Australian logistics operator XL Express has entered voluntary administration, with advisory firm FTI Consulting appointed to manage the process and assess the future of the company.
The Queensland-based business, established in 1990, has built a national footprint in road transport and distribution over more than three decades. It is best known for operating a broad logistics network and for previously partnering with the Brisbane Lions AFL team as a co-major sponsor in the 2020 and 2021 seasons.
On 27 June, FTI Consulting was appointed to administer 16 entities linked to XL Express, including XL Express (Operations) Pty Ltd, XL Express (Distribution) Pty Ltd, XL Logistics Pty Ltd, TL Distribution Pty Ltd, and others trading under…